Pacific Union’s October Real Estate UpdateNovember 15th, 2013 by lisasheppard
With an October median price of $464,000, homes in Sonoma County are up 3 percent from September and a healthy 21 percent from this time last year. Buyers paid a few points less than list prices – 4 percent – which is consistent with patterns that began in June.
Homes stayed on the market an average of 66 days, almost identical to the levels established over the two previous months. And after four months of holding at or above 2.0, the MSI began to shrink again, dropping to 1.9.
To read about other Bay Area counties, Click Here.